value of amu 10% downside without eden, page-3

Your logic is solid NK, but like many shareholders I remain on the sidelines.

The Eden deal sure is looking wobbly, but if against the odds it does go through, that would be fantastic (even if discounted 10 to 15% for the movement in the AUD above 1.05 and the unforeseen tax).

If not, it will be even more of a no-brainer to pick up additional shares at 20-21c, when management confirms the deal has fallen over (at the end of the month, or more likely mid- or end-June given management's track record at meeting self-set deadlines).